TD Ameritrade Holding Corporation (AMTD) : Traders are bullish on TD Ameritrade Holding Corporation (AMTD) as it has outperformed the S&P 500 by a wide margin of 9.71% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.29% in the last 1 week, and is up 12.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TD Ameritrade Holding Corporation (NYSE:AMTD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.60 and $30.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.36, notching a gain of 3.91% for the day. The total traded volume was 2,183,621 . The stock had closed at $30.18 on the previous day.
The stock has recorded a 20-day Moving Average of 6.08% and the 50-Day Moving Average is 5.63%. TD Ameritrade Holding Corporation is up 11.05% in the last 3-month period. Year-to-Date the stock performance stands at -8.06%.
TD Ameritrade Holding Corporation (AMTD) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $35 and the lowest price target forecast is $30. The average forecast of all the analysts is $32.1 and the expected standard deviation is $1.97.
TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.